Skip to main content

About your Search

20121224
20130101
STATION
CNNW 29
CSPAN 18
MSNBCW 9
KPIX (CBS) 7
WBAL (NBC) 6
WMAR (ABC) 5
FBC 3
KGO (ABC) 3
KRON (MyNetworkTV) 3
CNBC 2
KQED (PBS) 2
KRCB (PBS) 2
WRC (NBC) 2
WUSA (CBS) 2
CSPAN2 1
( more )
LANGUAGE
English 119
Search Results 0 to 49 of about 119 (some duplicates have been removed)
lawmakers fail to reach a deal to avoid the fiscal cliff. >>> new this morning, iran's state television is reporting the country's navy started training drills in the strait of hormuz. that area sees 20% of the oil pass through it. the state tv report says that the programs include more ships, submarines and jet fighters. they've warned other ships to stay away from the site until after the new year. >>> melissa mollet joins us from the live desk with more. good morning, melissa. >> good morning. the search is on for 23 pakistani policemen who appear to have been kidnapped by the taliban. they went missing thursday. two northwest posts were -- two policemen were also killed at that time. melissa mollet, news 4. >>> thank you so much. the army general who helped force saddam hussein out of kuwait died. norman schwarzkopf died of complication frs pneumonia. stormin' norman execute theed the first gulf war. a friend of his said schwarzkopf was in love with america and was possessed by a sense of duty. >> i think america suffered a tremendous loss with the loss of a great patriot. >> schwar
cliff before the new year. and president obama has cut his vacation one day short and heading back today. does it still look doable? >> there is hope for a deal but confidence in that grand bargain has already but disappeared. >> reporter: americans are already taking a hard look at their wallets as confidence in the fiscal cliff diminishes. >> i don't think there is a grand bargain but hope a deal will be cut. >> reporter: if congress doesn't change tax cuts in day, middle income earners will owe extra by the end of the year and they will cut back on auto industry, apparel and entertainment. >> once they cut back on that, that will be dramatic. >> reporter: retailers support 1 in 4 american jobs and if the downturn intensifies, those jobs are at risk. >> if retailers stop creating jobs, the economy as a whole stops creating jobs. >> reporter: the weight is excruciating for some and president obama left them $200 billion apart. >> the president was $200 billion higher on revenues and speaker boehner, $200 billion higher on spending cuts. >> if you get 80% of what you want, that's a prett
better, and still a value you love. new angel soft®. now stronger than ever. >>> between fiscal cliff talks and global economic recovery, business stories will continue to dominate the headlines as we head into the new year but there was also a lot to talk about in the last year. we recap the top business stories of 2012. >> reporter: the economy continued its slow recovery with help from the rebounding housing markets. both sales and prices increased. >> buyers are coming back. >> reporter: five major banks agreed to a $25 billion settlement for unfair mortgage practices. the ceo of jpmorgan chase has revealed a trading loss that cost the bank more than $6 billion. we made a mistake. i'm absolutely responsible. the buck stops with me. >> reporter: facebook cheered as its stock became available to the public. shares dropped quickly, eventually sliding into the 20s. the broader stock market gained ground. though wall street worried debt troubles overseas could cause a collapse of the european banking system. >> that could be very, very ugly. >> reporter: severe weather took a toll on t
been swammed with news of a fiscal cliff where your property rates could rise if you don't take action. for half a million marylanders, they may be missing out on free money. we have more on that. >> reporter: we are talking about losing hundreds and possibly thousands of dollars if the homestead tax credit mick -- application is not filled out. we learned that many people are finding out about the deadline from the news. we will keep saying it until the end of the year. when the holiday lights go out, the bills start to pile up and any financial break is important to turn the lights on. >> we have been a homeowner owner i want my money. >> don't we all, the homestead tax credit went intoe if you into -- in the 70s and the credit is good for your home, not vacation homes. >>> we have plenty of properties getting credit that they are not entitled to. >> lawmakers came up with another plan, a one time application to update the database and cut out the fraud. >> our governor likes to tax and he will do it without telling us. >> everybody has gotten two applications mailed to their premi
but with just five days to the new year is averting the fiscal cliff even possible? why not. stranger things have happened. peter barnes with the latest. peter? >> that's right. everyone looking for senate democrat harry reid and president come up with plan-c to make the next move in the standoff. they were discussing next steps to avert a the cliff on monday on christmas eve but no updates on those discussions from the white house today. a spokesperson for senate majority leader harry reid says quote, nothing to report. no conversations with republicans yet. senate republican leader mitch mcconnell who can filibuster anything reid proposes, his spokesperson saying quote, no outreach from any dems. we're waiting on senate dems. so, if nothing is done, that means on january 1st, the nation faces about a five trillion dollar tax increase over 10 years through the expiration of the bush tax cuts and assuming congress does not approve its annual patch for the alternative minimum tax and that medicare doc fix that prevents deep cuts in medicare payments. now the lapse of the tax cuts would mean t
of the president. fox news confirming he will be cutting his vacation short to get back to work on the fiscal cliff. peter doocy has more. >> president obama will departed hawaii for washington, d.c. late tonight leaving his wife michelle and daughters sasha and malia behind. the latest guidance we have from white house is that the president will be back here in the nation's capital where it is presently 36 degrees sometime tomorrow morning. united states government is set to go off the fiscal cliff on new year's day. at this point we don't know if the president plans to return at the to hawaii if the tax hikes are avoided well in advance of the of the new year. he's there to talk to himself. john boehner will come back at any time. his office told us it would be sometime after christmas. so he could be back as soon as today. the upper chamber in commerce is coming back tomorrow to pick up where they left off on the important domestic surveillance bisa. they will meet for a vote on the $50.6 billion bill for hurricane sandy relief. they will be back in the same zip code as far as we know there are
month's payment on any new volkswagen. visit vwdealer.com today. >>> this whole fiscal cliff mess shows how out of touch you are with the way that people live in the country. you are off in la-la land and people are saying that you are are acting like a bunch of spoiled brats who are more interested in being right than in doing the right thing and actu actually representing the people who elected you. >> more interested in being right than in doing the right thing. you know, don, i'm not one of the guys who piles on with the mob and hates politics and hates washington, but people are frustrated and i have trouble finding fault in their frustration at all. welcome back, everybody, to the special coverage of the fiscal cliff negotiations. don and i will stick with you while we follow what is going on. take a look at what is going op at the capitol and pretty picture, and i hope they are getting work done in there. lawmakers are getting work done and they are filing in for the roll call. you don't want to leave it for the last minute. the talks are aimed at preventing us from going over th
time to avert the fiscal cliff before the new year. president obama will head back to washington tonight. danielle leigh is on capitol hill. good morning. does a deal still look doable? >> good morning. there is hope for a deal but confidence in that grand bargain reform has all but disappeared. americans are already taking a good hard look at their wallets as confidence the avoidance of the fiscal cliff diminishes. >> there is hope a deal will be cut. >> reporter: if congress doesn't oaks spire tax cuts in day, middle income earners will owe $2,000 extra a year. consumers are predicted to cut back in automotive, apparel and entertainment. >> once people decide to cut back on that, the effect is dramatic. >> reporter: the national retail federation says retailers support 1 in 4 american jobs and if the downward trend intensify, those jobs would be at risk. >> if retailers stop creating job, the economy as a whole will stop creating jobs. >> reporter: the wait is e excruciating. president obama visited hawaii after talks on capitol hill. they were $200 billion apart on a deal. >>
before averting the so-called fiscal cliff before the new year. president obama has cut short his hawaiian holiday. he'll come back to washington tomorrow night. nbc's danielle leigh is live. >> reporter: richard, good morning. there. is still a hope that a deal can get done, but confidence in that bargain with real reform has all but disappeared. americans are already taking a good hard look at their wallets, as confidence the country will avoid the fiscal cliff diminishes. >> i don't think there's going to be a grand bargain before the end of the year. there is hope a deal will be cut. >> reporter: if congress doesn't extend expiring tax cuts in just days, middle income owners will owe uncle sam about $2,000 extra a year. retailers will cut back in automotive, apparel and entertainment. >> once people begin to pull back on that, the effect will be dramatic. >> reporter: the national retailers association said retailer its support 1 in 4 american jobs and if the downward turn intensifies. for those, the wait is excruciating. president obama visited troops in hawaii over christmas
. >> for more on the fiscal cliff we have you covered. go to abc2news.com. head to the home page slide show for breakdown of what difference scenarios in -- difficulty scenarios in washington -differ scenarios in washingtoncould different scenarios could mean in washington. >>> look at the flames shooting from this house. investigators say a 4-year-old saw the fire and told his grandmother because his parents were not home. man inside tried to put it out- - -- a man inside tried to put piet out but the flames were too intense. no one was injured but the fire caused more than $100,000 worth of damage to the house. >>> a 33-year-old man was shot in the head overnight in north west baltimore. police were called to the 5300 block of cord -- kordellia avenue did -- cor deli-a. dough- - cordelia if you have any information on this case, contact baltimore city police at 410-396-2466. >>> a 15-year-old boy was shot during a robbery in baltimore county last night. it happened around 9 near the corner of windsor mill road and meadowview drive. police came to the scene and found the boy bleeding with
to the fiscal cliff to new year's eve to the nfl post season on my last day as you said and clayton's birthday mind you. an update on hillary clinton's condition in just about 10 minutes join us for "fox & friends" 6-9 eastern time. >> welcome back. it is 52 after the top of the hour. let's span the globe to see what's happening in headlines. hugo chavez is reporting from new complications following his recent cancer surgery there. so far we are hearing those complications are stemming from a respiratory infection and his condition is delicate. next to northern ireland where police officer manages to escape a bomb found under his car. so far no one is claiming responsibility for planting the device. finally to columbia where a massive land slide completely cut off a highway and buried cars there. at least five people were killed. a search is underway right now for 25 people that are missing. patti ann? >>> the count down to 2013 is on. over 1 million people preparing to pack times square to ring in the new year. lawmakers may ring in the new year by going over the cliff. lauren simonetti joins
better. >>> as those fiscal cliff worries become mo, the stocks skidded on thursday. on news that house members will return to negotiations on sunday evening. the latest penning home sales data comes out at 9:00. >>> the dairy industry is calling it the milk cliff. if congress doesn't approve a farm bill, the price of milk could skyrocket from 3.65 to as much as 8. all dairy products will be affected. >>> now to another looming crisis, dock workers at more than a dozen ports across the country are threatening to walk out on the job sunday. strikes along the east coast will create a domino effect. the white house is urging an agreement as quickly as possible. >>> month will rents are on the rise. it's up 3.7% over last year. >>> travelers have attempted to carry 1500 firearms onboard airports in 2012. a separate report found that most firearms were confiscated at atlanta's heartsfield airport. >>> sea world is hoping to make a big splash by going public. it's hoping to pay down debt by going public. no word on a stock price for investing in shamu. >>> where do you get the best bang for y
senator thune. a fiscal cliff deal is a new way calculating inflation that would lower social security payments. democrats say they would do it as part of much bigger deal but it was off the table for the smaller deal they are working on. so democrats called it a poison pill. >> at some point, negotiating process, it appears there are things that stopped us from moving forward. i hope we're not there, but we're getting real close. that is why i still hold out hope we can get something done, but i'm not overly optimistic but i'm cautiously optimistic. >> chuck schumer from new york continues to say the things, meaning a deal, always happens at the end. >> gregg: we'll probably hear about the change of cpi which is basically a new way of calculating an index the cost of living and slowing down the growth of sbph like social security. we'll probably hear about. mike, thanks very much. >> arthel: we're going to the white house where president obama is holding firm to his demand and blaming republicans for the failure to reach a deal. the president also appearing on a political talk show th
maryland. what shoppers need to know. it may not be a pleasant new year to avoid the fiscal cliff. some of the implications that could affect your wallet. those stories and >> i believe you said you are keeping your eye on a snowy vent your yid -- snow event. >> tomorrow, i think, we might have a little bit of slipping and sliding in the morning. there could be some freezing rain. this will be mostly a rain each event on wednesday. the storm is on saturday. that might be cold enough for snow. that will be the day. new year's eve looks good. >> we will be watching. merry christmas, everyone. the nightly news is next. the nightly news is next.
. that's the fiscal cliff. we reach the brink in two days. let's go live now to dana bash on capitol hill. because of news of a setback. dana, what do we know? >> that's right. we got this word from democratic sources about a half an hour ago. maybe a little bit more. that they consider a major setback to be going on right now. a poison pill, something that the republicans offered last night and democrats rejected today. it's called technically chain cpi, the buzz word for it. what it means for real people and real terms, would be that social security recipients would see smaller checks on a monthly basis and that's why democrats are saying that this is a nonstarter. the president did propose this to the house speakers as part of a larger deal. he even talked about it again this morning on nbc, the president. but democrats are saying that they simply do not see this in this miner, smaller mini deal. they don't want to deal with the entitlement issue at all until a later date when they can deal with it in a broad sense. here's an example of what we heard a half hour ago from the republican
in federal hill, linda so, abc2 news. >>> for almost two months the threat of a fiscal cliff has been a topic of discussion even as no compromise appears to be in the cards. if our elected leaders fail to come through with a deal will it impact you and if so how. charley is live at the live desk and it could be a bigger deal than we realize. >> this could be a big deal indeed. for weeks now we have brought you back and forth here's only thing you need to know this morning. the gop is refusing to raise tacks on anyone and democrats don't want to cut funding to government programs. caught in the cross fire of this is all of us. you, me and come tuesday, all of our taxes will go up and here's how it could affect you. if you are living paycheck to paycheck with no room to cut expenses you could be in real trouble if this agreement is not reached. a failure to renew the bush era tax cuts could mean 2 to 4,000 dollars per year in increases for most americans. according to the towson university it breaks down like this. if you make 25,000 dollars a year, your taxes are going up about 42 dollars a mo
and tolerance. the pope also prayed china's new leaders will shington's ability to avert the fiscal cliff. on monday before closing for christmas, the dow lost 52 points, while the nasdaq dropped eight. >>> new taxes to help pay for the affordable health care act take effect january 1st. the average american won't be spending more money to the irs. the wealthiest 2% of americans and the health care industry will pick up most of the tab. >>> milk is a staple in every home, ask starting in the new year you could be paying twice as much for it. a government subsidy expires at the end of this year. unless congress extends it, the cost could skyrocket to above $7 a gallon, putting a major hirchlg on families already struggling to make ends meet. >>> bad news for retailers. holiday sales proved this year it was the weakest since 2008. one report put the increase at just 0.7%, are far below analyst predictions of 3% to 4%. superstorm sandy and the looming fiscal cliff disrupted the shopping season. >>> and if you are returning my holiday gifts, have your right and a lot of patience. usa today re
to settle this fiscal cliff issue. >> jipgs president morsi signed the country's new constitution into law today. >> he called on the opposition to the opposition restricted the new constitution. >> the parts were draft bid islamist leaders. morsi revoked sweeping powers he granted himself last month. saying they were in necessary to get a referendum on the constitution. >> in syria, president assad's commander says he was defecting and joining the open sismgs he was one of the most senior members of the inner circle saying he defected because the army had been turned into a gang to kill and destroy during the 20 month uprising against president assad. >>"Áq russia's parliament approved a measure to ban americans from adopting russian children. the bill is a resfons a new u.s. law calling for sanctions against russians found to have violated human rights. official says 46 children about to be adopted by american citizens will stay in russia if this bill is signed. >> nelson mandela is back home. the 94-year-old had been in the hospital since december 8th diagnosed with a lung inzpex had a
'll know if there's a deal on the fiscal cliff or not and what either outcome means for you and your money. we'll talk to sheila bair, former fdic chairwoman. and texas congressman lloyd daggett. so much to talk about tomorrow. i certainly hope a deal has been done. >> nice to work with you. >> are you going to go to times square? >> i'm going to run the park. 2013 starts with a run. i conned my wife into it as well. she'll join me. >> happy new year to you. >> cnn newsroom with suzanne malveaux begins now. >>> happy new year. stories we're watching now. hours by hour, inch by inch, the nation sliding closer to the fiscal cliff. we'll have more on this morning's negotiations and what we'll lose if those talks fail. and workers in some states may see a pay raise but may not notice much of a difference. >>> guns are flying off the shelves after fears of a ban on assault rifles following the sandy hook massacre. we're live at the white house with the latest details. plus this. >> reporter: i'm alina cho in times square, where just hours from now new york will host what is arguably the biggest
the deadline. abc news washington. >>> for more on the fiscal cliff and what it means for your money, we've got you covered, abc2news.com, just head to our home page slide show for a break down of the different scenarios in washington and what they could mean for your paycheck. >>> and now, maryland's most accurate forecast. >>> gusty winds this afternoon. take a look. a shot that looked very cold in parkville with those clouds, from time to time, mixed in with some sunshine. take a look at chesapeake beach, very gusty winds now along the bay this afternoon. we'll take you up toward frederick, a scenic looking shot and the shot downtown right now, dry but cold. 31 degrees at the airport right now. look at the dew point at 19. a dry atmosphere, but still that westerly wind at 9, making that 31 feel like it's into the 20s in many locations. take a look at temperatures across town, go outside the beltway, eldersburg 28 degrees. and elkton, temperatures alternate 33. well into the 20s. but you'll trade that off with low 20s tonight. still the wind coming off the mountains right now. between 5 to 10
. >> there is some new hope for a deal to avoid going of the fiscal cliff. president obama will meet with congressional members later today. >> president obama and congressional leaders need to make progress. today's meeting at the white house could be a final opportunity. >> may be the president might make a new offer in getting toward the 11th hour of the negotiations. >> without a deal, taxes will go up on every worker and next week. et in.pending cuts sai >> the government is supposed to be working for the people and i do not see that. >> senators came back from their christmas break early. nt overblicans have bee backwards. we wanted an agreement. but we had no takers. >> we are in the same situation we it been in for a long time. we cannot negotiate with ourselves. >> house members will come back to work on sunday and will work through the new year if needed. republic and say they are willing to compromise on taxes but not more government spending. the goal is to get a deal before midnight monday. a growing number of lawmakers doubt that will happen. danielle leigh, wbal-tv 11
is it appears likely we're going over the fiscal cliff. over that news we sauce starts beginning to drop and the dow industrial average down seven points. we call it a fiscal cliff and it looks like we're going off the end of this cliff. most americans will not feel the effect of this but on your first paycheck you will probably get about a 4 percent cut. because the irs does not know what at the congress is doing they're not instructing employers on what to do just yet. >> we will be back in just a couple of minutes. >> calling this developing story this morning in walnut creek. a person is dead after an officer involved shooting at an apartment complex during the early morning hours in walnut creek. will tran is there live gathering information and he done this with an update on the end destination.investigation. thist east of 680 and walnut creek. we have a shot up now and let's check in with well. >> you can see police officers are still on the scene and they are allowing people leave the complex to go to work in school as they continued to hopefully talk to witnesses to find out wha
at congress with distain and rightfully so. with the deadline on the fiscal cliff only hours away we've failed to reach a reasonable compromise to move the economy forward and ward off painful tax hikes on the middle class. >> reporter: so everybody is waiting to see if the senate can reach a deal on the fiscal cliff. it's not entirely clear when the house would act. i talked to a key leadership aide who he said if the senate passes a deal we could certainly signal that we will take it up perhaps tomorrow morning and that would keep everybody calm, but first things first, they need a deal, jon. jon: by my calculation they have less than 13 hours to accomplish that. mike emanuel, thank you. >> reporter: thank you, sir. jon: let's take a look at the dow with all this fiscal cliff nonsense going on. it's up, actually about 8 points right there as you can see. still down below 13,000, though, after heavy losses last week. very light trading also as you might imagine on this day before the market is closed for the new year's holiday. while congress cannot seem to agree on a fiscal cliff fix, it loo
are looking at january 1 and the fiscal cliff happening. in which case a resolution won't happen until the new congress comes into session on january 3rd. gregg: that's right. we've been following not only the events on the floor but people stepping before microphones. here is representative jim moran. >> there are going to be voting sunday night and then probably watching the skins-cowboys fame in the cloakroom. then we'll, then we'll be in session on december 31st as well. gregg: what does he mean, we're going to vote sunday night? >> here's what might happen. both parties meet with the president today at the white house. they all say look, here we are on the precipice here. let's come up with something so we stop these tax hikes from happening on january 1st. let's come together and come up with kind of a stopgap deal. in other words, something short term. this is something congress will typically do when both sides are at an impasse. they find a way to get by for a little while longer. buy themselves more time. if they come up with a deal like that, the house is coming back into session on
in the clubs. one person knew what the fiscal cliff was. >> thank you. happy new year. >> happy new year, don. >> this week's moment next. why should saturday night have all the fun? get two times the points on dining in restaurants, with chase sapphire preferred. good afternoon. chase sapphire. (push button tone) this is stacy from springfield. oh whoa. hello? yes. i didn't realize i'd be talking to an actual person. you don't need to press "0," i'm here. reach a person, not a prompt whenever you call chase sapphire. and this is the nokia lumia 920 from at&t. it's got live tiles so all my stuff's always right there in real-time. it's like the ultimate personal assistant. but i'm me, and me needs handlers. so i hired todd to handle it for me. todd, gimme that hollywood news! what's happening on twitter? you're trending! yes! you can't have a todd, but you can have your own personal assistant. i guess you could call it todd. [ male announcer ] the new nokia lumia 920 with live tiles that deliver what you want in real time. only from at&t. rethink possible. that deliver what you want in real ti
. i bring it up in the clubs. one person knew what the fiscal cliff was. >> thank you. happy new year. >> happy new year, don. >> this week's moment next.
, for the fiscal cliff and start off our new year and new congress with a proper welcome for our constituents and our colleagues. i yield back. the speaker pro tempore: the gentleman's time has expired. for what purpose does the gentleman from minnesota rise? without objection. >> madam speaker, many years ago our friends on the conservative side of the political aisle told us that if we cut taxes for the wealthiest among us, they would get more money which they would use to invest in plant and equipment and then all the rest of us working class, middle class folks, would benefit by rich people having more money because then they would hire us and we would have a stronger economy. mr. ellison: he they put this plan into implementation in 2001 and 2003. it was by far the most anemic decade we have seen in many, many decades. . if you contrast it to the 1990's, we had a better economy. when president clinton handed president bush the reins to the government, he handed him also a surplus. the fact is the conservative experiment, based on the ideas of a guy named arthur, and others, have failed.
-ditch effort to find a way to avoid the fiscal cliff. the deadline is looming on new year's day and there's no sign that lawmakers are closer to agreeing on a deal. here's brian mooar. >> as senate leaders were behind closed doors, president obama and republicans issued dueling messages on the web. >> we can't afford a politically self-inflicted wound to our economy. the economy is growing. but keeping it that way means folks you sent to washington have to do their jobs. >> if the nation goes over the fiscal cliff next tuesday, each side blames the other. >> we can avoid going over the fiscal cliff if the president and democrat controlled senate step forward this week and work with republicans to solve this problem and solve it now. >> all over the country now, uncertainty is in the air. >> it's not a matter of am i going to pay my light bill or not but will it deplete my savings. >> even if the impact isn't real, the perceived impact could cause us to drop off in sales. >> getting a deal is up to the senate's top democrat and top republican. >> we are engaged in discussions, the majority
% next year without the fiscal cliff, that would correlate with about 2 million net new jobs next year. so it's a continuation of a steady expansion. i wish it was a little faster expansion, but nonetheless it is an expansion. if we had a fiscal cliff, and we are reversing all the gains we have seen. host: what about mortgage deduction on a second home or vacation home or a certain limit to the size of a mortgage? would you be supportive of that? guest: we have to recognize that negotiating away from what has been a striking departure from just protecting the mortgage interest deduction, property ownership. any breach to that invites further breaches. our members, even though they recognize the deck is a need to be resolved, any breach will lead to further coming back, loring the income limit. -- lowering the income limit. we have to recognize many of the second homes are in places like michigan, wisconsin, arkansas, where people are looking for a weekend fishing lodge. very not the hamptons or expensive homes in beverly hills. many homes are scattered in the midwest. host: our first c
to avoid some of the tax parts of the fiscal cliff. it would keep tax cuts for the making $250,000 a year or less, extending unemployment benefit and with the clock ticking delay dramatic spending cuts until next year. >> i asked leaders of congress to work toward the package to prevent tax hike on middle class americans protects unemployment surance for 2 million americans. lays the groundwork for work on growth and deficit reduction. that is an achievable goal. >> today's meeting is the first with the president since november 16. sign for republicans that mr. obama has not really been pushing that hard for a deal. >> we need presidential leadership on in the just taxing rich people. >> three words the president did not use. he did not use the word sequester and he didn't say "debt ceiling" either. he focused most of his remarx on preventing taxes from going up. there are also massive spending cuts coming. no idea how they will avert that. he also did not mention the debt ceiling. earlier they wanted lifting the debt ceiling included. now it's clear it's not in the short-term package tha
. the president said he is modestly optimistic about a fiscal cliff deal getting done before new year's eve. >> clayton: they all said the same thing. presidential meeting with the leaders yesterday. harry reid. >> juliet: vice president showed up. >> clayton: they must have been all on the same table hey whether we lee this table we will say modestly optimistic. listen to senator mitch mcconnell who may be the linchpin of this whole thing. he said i will take the ball and run with it in the senate. get a deal done. listen to the senator. >> we had a good meeting at the white house. we are engaged in discussions the majority leader and myself and the white house in the hopes that we can come forward sunday and have a recommendation that i can make to my conference and the majority leader can make to his conference. we will be working hard to see if we can get there in the next 24 hours. so i'm hopeful and optimistic. >> charles krauthammer calling him a master negotiator. saying if it were left up to him he could solve the syrian civil war in a weekend. >> dave: he can get it done but there
the fiscal cliff negotiations on capitol hill. do you have any good news for us, lisa? >> reporter: the news is a little better than it was earlier today. we know negotiations are still happening. there was a point today where we thought there was a total breakdown. tonight it's between senator mitch mcconnell and vice president joe biden. we're some of the last people in the building. i know -- come on through, guys, if you want. there's one of the crews that -- the worker crews are starting to come into work tonight. we're the last reporting crew. all the members of congress have pretty much gone. the republicans in the house were meeting late tonight to try to talk about what to do, in the end this is what our producer deirdre walsh heard from them. the message is just sit tight, stay tuned and i think what we have to do, don, is find out tomorrow morning, whether there is any progress between senator mcconnell and vice president joe biden. there is definitely hope. there is not a lot of time. >> let me tell you this, lisa. when you see the workers there, and the crew that -- and those ar
. new developments in the effort to avert the fiscal cliff. coming up the policy democrats are now floating as a possible solution that they fiercely opposed during the bush administration. gregg: and the latest on a nasty winter storm over the midwest that's now on a collision course with the east coast. >> there is a small town maybe ten miles from here, love lady, and it blew the roof off of a bank into another house, that is a couple of structures. as far as i know there was a guy, he had a house maybe a mile from here and it totally took it down. [ all ] 3, 2, 1... [ male announcer ] as the year counts down, your savings can add up with the adt new year's sale. help protect your family with the advanced technology of adt starting at just $99 -- a savings of $300 plus 15% off accessories. but you must call before midnight january 2nd. more than a security system, adt can help let your family in from the cold even when you're away from home. adjust your thermostat remotely to help save energy and money. turn on the lights, even see that everyone is safe and secure. and with adt,
, to other news. in just three days, america will go over that fiscal cliff, unless, of course, these focus which we are about to show you prevent it. they're in control whether or not your taxes go up come new year's day. senate majority leader harry reid, minority leader, mitch mcconnell, john boehner and nancy pelosi. all four met at the white house yesterday afternoon with the president and vice president. and jessica yellin is our chief white house correspondent, and jessica, the president used his bully pulpit after that meeting to sort of reinforce the idea that senators need to get busy. so let's give that a listen first. >> the american people are watching what we do here. obviously, their patience is already thin. this is dejavu all over again. america wonders why it is that in this town for some reason you can't get stuff done in an organized timetable. why everything always has to wait until the last minute. well, we're now at the last minute. and the american people are not going to have any patience for a politically self-inflicted wound to our economy. >> jessica, you were in
: in the new year, i think they come to some resolution of the fiscal cliff. we are looking forward to another year like we had. 2% growth are a little less. the prospects this quarter were impaired by the cliff, and we expect that to go forward into the next quarter. host: the president coming into town tonight, and the congress tomorrow. realistically, what do you think will happen? guest: i do not think a lot will happen and i think we will go over the cliff. i am an economist, not a politician. i do not believe that the republicans will give the president merely a tax increase on people over $250,000. there are not able to push that through the house with some spending cuts. that does not seem to make much sense. host: peter will be here for 40 minutes taking your calls and tweets about the u.s. economy. we continue to take a look at economic matters. our guest recently wrote about the debt limit. the headline in "the boston globe" -- do you agree with that sentiment? guest: i would hope it would not threaten the economy again. it is all bound up in this issue of curbing government spendi
hit the debt ceiling the day after we follow off the fiscal cliff if no deal is reached. >> that's right. december 31st. a lot going on there. a lot of these budget calamities coming together all at once. economists already warning the fiscal cliff situation could cause another recession. now we're about to hit the nation's debt ceiling. secretary geithner in a letter to congress did go ton say, quote, he would take extraordinary measures and say these extraordinary measures can create approximately $200 billion in head room under the debt limit. under normal circumstances the amount of head room would last approximately two months. however, given the significant uncertainty that now exists with regard to unresolved tax and spending policies for 2013, it's not possible to predict the measure. because of the uncertainty of the fiscal cliff they don't know whether they have enough head room to make sure the nation's debt ceiling doesn't reach limit within two months. the bottom line is even if we deal with the fiscal cliff in the next few days and avert that. there is another crisi
to talk about between the cliff and other news. >> three days before the u.s. goes over the fiscal cliff, congressional leaders will meet with the president this afternoon. i remember standing on the white house north lawn last month, after leaders met with the president back then. things looked pretty promising. here's what they said after that meeting. >> i believe that the framework that i've outlined in our meeting today is consistent with the president's call for a fair and balanced approach. >> i feel confident that a solution may be in sight. >> it was a constructive meeting. we all understand where we are. >> we feel very comfortable with each other and this isn't something we're going to wait until the last day of december to get it done. >> isn't that special? now we're in the last days of december. and with just three days to go, the rhetoric has changed in the beltway. these are the latest comments. >> republicans aren't about to write a blank check for anything senate democrats put forward, just because we find ourselves at the edge of the cliff. that wouldn't be fair to the
to bring us back from the fiscal cliff? might we see him before the new year? >> oh, i think it's almost a guarantee at this point. he'll be working the phones here in hawaii and he saw senator reed today at the memorial service, but told by white house aides it's likely the president will interrupt this vacation shortly after christmas and get back to congress washington on the 27th of december. because with this looming deadline at the end of the year unlikely to stay here in hawaii and in the meantime, trying to get in family time and a little golf and is now on a hike with the first family. but there's the big budget crisis. >> harris: hopefully with down time you get to hike diamondhead, it's great. >> good to see you. >> harris: a developing story last night on fox report. that marine held behind bars in mexico for months now back on u.s. soil. you know that, he's been in a car driving home to florida from coming across the border in texas. with his dad. he's not home yet and now a health scare prompting a detour on that road home. he's hospitalized tonight, what we're learning abo
is on vacation obviously. is he doing other work that might bring him back to bring us back from the fiscal cliff. might we see him before the new year? >> i think it is almost a -- it is very likely the president will interrupt the vacation. it is around the session in december. he is unlikely to stay here in hawaii. in the meantime trying to get in family time. it is that vacation will be interrupted. >> hopefully with downtime you have time to hike diamond head in my honor. enjoy. >> it is great. beautiful. >> merry christmas. >> a developing story from last night the marine now back on u.s. soil. he has been on a car driving home to florida coming into texas. now a health scare prompting a detour on that road home. he is hospitalized tonight. what we are learning about john ham ar's condition. >> another american goes free after a nightmarish ordeal. this missionary kidnapped while doing god's work. the family who thought they might not ever see again. >> stay with us. >> we have been following john hammar's story and he is the 27-year-old marine combat veteran back on u.s. soil finally this
agree to it but it's all tied up in the fiscal cliff mess. tax filing season starts next week but the irs would put a hold on that for some. officials would wait for a deal in the new year instead of doing serious reprogramming to their tax system. filing would then be pushed back to march for millions. with refunds coming much later than usual. especially for those who plan on paying off credit card bills that often pile up after the holidays. now all of this could be avoided a deal before the deadline monday night but some long time lawmakers fear it won't happen, more on that when i see you next. live in washington. >> oil prices started edging up arch the president announced he would return from vacation early so he could work on fiscal cliff negotiations. crude oil sells for almost $91 a barrel up nearly two dollars a barrel. it's expected to increase as hope rises that a budget deal can be reached before the deadline and that could keep the economy growing while no agreement may put the united states back into recession. >> several states are under blizzard warning thi
, happy new year. >> thanks. >>> in a moment, the latest word from the hill on the last ditch fiscal cliff negotiations. a negotiator will join us on why it has come down to this. you are watching weekends with alex witt. the capital one cash rewards card gives you 1% cash back on all purchases, plus a 50% annual bonus. and everyone likes 50% more... [ midwestern/chicago accent ] cheddar! yeah! 50 percent more [yodeling] yodel-ay-ee-oo. 50% more flash. [ southern accent ] 50 percent more taters. that's where tots come from. [ male announcer ] the capital one cash rewards card gives you 1% cash back on every purchase plus a 50% annual bonus on the cash you earn. it's the card for people who like more cash. 50% more spy stuff. what's in your wallet? this car is too small. c'mon, michael! get in the game! [ male announcer ] don't have the hops for hoops with your buddies? lost your appetite for romance? and your mood is on its way down. you might not just be getting older. you might have a treatable condition called low testosterone or low t. millions of men, forty-five or older, may have low
this morning with comments on the situation, and we will hear what he had to say about the fiscal cliff now. : new year's eve is fast approaching and for decades and decades the american people have watched the ball drop in times square. it's the countdown to midnight, the start of a new year. but this year, mr. president, the american people are waiting for the ball to drop but it's not going to be a good drop. because americans' taxes are approaching the wrong direction. come the first of this year, americans will have less income than they have today. if we go over the cliff, and it looks like that's where we're headed, mr. president, the house of representatives as we speak with four days left after today before the first of the year aren't here with the speaker having told them they'll give them 48 hours' notice. i can't imagine their consciences. they're out wherever they are, around the country, and we're here trying to get something done. they are not in washington, d.c. the house of representatives are not here. they couldn't even get the leadership together yesterday. they had to
on the fiscal cliff. maya macguineas is going to be with us. later we will turn our attention to a new movie on the raid that killed osama bin laden and talking with linda robinson who is an author as "washington journal" continues. it is monday, december 31. .e'll be back in just a moment [video clip] >> as president obama begins his second term in office, what is the most important issue he should consider for 2013? >> so tell us. if you're in grade sixth through 12, make a short video about your message to the president. >> it's c-span's student cam video competition with your chance to win the grand prize of $5,000. and there is $50,000 in total prizes. the deadline is january 18. for more information, go to studentcam.org. >> a lot of people will say that ever since the apollo, the space program has been a jobs program. how many jobs can we get in your district, in your state? the space shuttle passed by one vote because it was passed all around the country. we had people working different places. i can tell you some pretty brutal stories about the politics that get involved in our spac
to avoid the fiscal cliff. it is unclear if any can get enough votes to pass conference. -- congress. president obama says he's optimistic a compromise can be found. >>> across india today, a nationwide protest took a new heartbreaking direction. people across the country were already out in angry droves calling for justice in the wake of a brutal gang rape. then word today began to spread that the victim died in the hospital. a 23-year-old woman. six men were already held on rape charges. now they're charged with murder. >>> chuck hagel's name has been floated as president obama's potential choice for the next defense secretary. but some don't want to see the former republican senator and vietnam war vet get the position. some from his own party. this ad is in "the new york times" right here. and it says, hagel is wrong on gay rights, wrong on iran, wrong on israel. and the ad was placed by the law of cabin republicans, a group that represents gay republicans. clarke cooper is executive director. thanks for joining me, clarke. here's that ad. this ad speaks volumes. wouldn't your pa
of fox news sunday, big lineup. two high ranking senators and plus his analysis of the fiscal cliff crisis. >> juliet: no good deed goes unpunished. these guys tried to save one guy who fell through the ice and then that guy and then the next, the next. it was kind after nightmare. >> clayton: polar plunge. >> juliet: yeah. ♪ and i'm thinking, "shouldn't you have more energy than me? you're, like, eight!" [ male announcer ] for every 2 pounds you lose through diet and exercise alli can help you lose one more by blocking some of the fat you eat. simple. effective. advantage: mom. let's fight fat with alli. have a healthier holiday at letsfightholidayfat.com. that's the sound of car insurance compani these days. here a cheap, there a cheap, everywhere a cheap... you get it. so, what if instead of just a cheap choice, you could make a smart choice? like, esurance for example. they were born online and built to save people money from the beginning. it's what they've always done. not just something they cheap about. that's insurance for the modern world. esurance. now backed by allstat
. this is "america's newsroom." when we come back we'll debate whether a deal to avert the fiscal cliff is really possible? come on. seriously? as the president cuts his vacation short. patti ann: also some disturbing new details on a gunman's deadly ambush in upstate new york, setting a fire and then shooting the first-responders. gregg: and talk about a holiday miracle. look at this. after a man makes it is mission to find a stranger's wedding ring lost on a snow-covered highway. how could you do that? >> i like to be able to get this back to him. and he can, return, pay it forward to someone else later in life. i love the holidays. and with my bankamericard cash rewards credit card, i love 'em even more. i earn 1% cash back everywhere, evertime. 2% on groceries. 3% on gas. automatically. no hoops to jump through. that's 1% back on... [ toy robot sounds ] 2% on pumpn pie. and apple. 3% back on 4 trips to the airport. it's as easy as.. -[ man ] 1... -[ woman ] 2... [ woman ] 3. [ male announcer ] the bankamericard cash rewards card. apply online or at a bank of america near you. patti ann: an in
fiscal cliff. here is "the new york times" frontpage. the headline -- that is "the new york times" reporting. inside the paper, they say democratic leaders say they will move forward on legislation this week only a senator mitch mcconnell of kentucky, the republican leader, will assure them it will not be filibustered -- investors anticipate a turbulent week in the market of congress and the white house continued the standout. i also note that mr. mcconnell's own reelection bid is coming in 2014. the borrower review of the nothing to shift the anger of some self assessment of the speaker does nothing to pass it does go to the floor. the bill is not moving along, says bob corker from tennessee. here is what the republican from idaho had to say about the fiscal cliff negotiation. [video clip] >> if we get down to the end of the year and the only choice we have is to save taxes going up on the middle-class, i would support that. but i wish we had a comprehensive bill that dealt with spending, entitlement, and taxes altogether. that is really what we ought to do. host: that was senato
- called fiscal cliff. also ahead, what certain satellite cable customers can expect on their bill in the new year. and in lunchbreak: a "lean and green" sandwich made with edamame. reports on theports on the east coast will remain open. they have reached a tentative deal. the association will continue negotiations for another 30 days to work out remaining issues. the majority of the dispute was over the so-called container royalty fee. without the agreement a strike would have shut down ports from maine all the way to texas for the first time in 35 years. we still have the fiscal cliff to deal with. stocks falling for a fifth straight day. that is the longest slump since september. direct tv customers are in for some higher bills. about 4.5% higher. the company is putting the blame on tv channel owners saying those channels are increasing the fees that they charge direct tv for the rights to broadcast programming. the new prices will take effect on february 7th. american airlines and usair rays were looking at plans to merge. the merger may not happen. that is unless pilot group
of the effects, if we do go off the fiscal cliff, if congress takes no action. this is the chart from the new york times of what will happen immediately and in the next couple months. in terms of the immediate tax increases, the payroll tax rise of 62% from four 0.2% and workers first $113,000 of income. capital gains, qualified dividend's, and estate and gift taxes are subject to higher taxes. higher earners face new taxes under the health care law. within the next couple glock -- a couple of months, the bush era tax cuts that have been debated over -- the bush-era tax cuts on income expire december 31, workers will not fill the impact until the treasury releases new withholding instructions. alternative minimum tax -- the charred talks about spending cuts, immediate and in the future. and it refers, payments to medicare providers would fall by 27% if there is no action. extended unemployment benefits expire for about 2 million people on january 1. to be the $110 billion in automatic domestic and military spending cuts known as the sequester. in the next couple months, the march 27, a six mo
Search Results 0 to 49 of about 119 (some duplicates have been removed)